Thea Westreich Wagner and Ethan Wagner have revealed that they will be turning over the SoHo-based art-advisory service founded by Westreich, over three decades ago, to business partners Suzanne Modica and Ashley Carr.

Meanwhile, the couple will be turning their focus to artists’ projects and museum donations, including their own gift of 850 works to the Centre Pompidou and the Whitney Museum.

Said Modica and Carr, “Our new firm, TWAAS, will carry forward the same intellectual rigor, integrity, curiosity, passion and attention to service that has become synonymous with Art Advisory Services.”